Venezuela, which has similar arrangements with Turkey, China, and Russia, offered the proposal to India in the light of the recent U.S.-imposed sanctions.

During a recent visit to India, Venezuelan Foreign Minister, Jorge Arreaza, said the South American country was interested in conducting transactions with the Indian government and business sector using India’s national currency, theIndianRupee(INR), instead of the U.S. Dollar.

The presidential candidates agreed to delay the elections until the second half of May, but a date has yet to be decided.

Campaign chiefs, Luis Romero for candidate Henri Falcon, and Jorge Rodriguez for President Nicolas Maduro, signed an agreement guaranteeing that all parties would respect the results of the upcoming presidential elections and delay the election until the second half of May from the previous April 22 date.

Romero and Rodriguez attended a press conference at the country’s National Election Council, or CNE, where its chief Tibisay Lucena announced the agreement and said a date would be set as part of upcoming discussions between the government and opposition parties.

The Nicaraguan president urged lifting the veto on Venezuelan government’s participation in the Summit of the Americas.

Nicaraguan President Daniel Ortega became the latest Latin American leader to reject the exclusion of Venezuela from the Summit of the Americas due to be held in Peru in April, describing the controversial move led by the Peruvian government as an act of “political intolerance.”

The opposition Broad Front party is requesting that the government declare Trump “persona non grata,” insisting his policies are “contrary to human rights.”

Peru‘s opposition Broad Front (FA) party has submitted a motion to Congress calling for U.S. President Donald Trump to be banned from the 8th Summit of the Americas, due to be held April 13 and 14 in Lima.

“We are in the best conditions to sign an agreement of coexistence with the opposition,” affirmed government representative Jorge Rodriguez.

Venezuelan Communications Minister Jorge Rodriguez has insisted that the government delegation for dialogue with the opposition in the Dominican Republic is ready to finalize an agreement of coexistence on Monday, “which would be good news for all.”